CASEY'S GENERAL STORES INC (CASY) Stock Fundamental Analysis
USA - NASDAQ:CASY - US1475281036 - Common Stock
567.05 USD
+5.72 (+1.02%)
567.05 USD
0 (0%)
CASY gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 39 industry peers in the Consumer Staples Distribution & Retail industry. While CASY belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. CASY is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CASY was profitable.
CASY had a positive operating cash flow in the past year.
CASY had positive earnings in each of the past 5 years.
In the past 5 years CASY always reported a positive cash flow from operatings.
1.2 Ratios
CASY has a better Return On Assets (6.95%) than 79.49% of its industry peers.
The Return On Equity of CASY (15.98%) is better than 69.23% of its industry peers.
CASY's Return On Invested Capital of 9.19% is fine compared to the rest of the industry. CASY outperforms 74.36% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CASY is in line with the industry average of 8.71%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.95% | ||
| ROE | 15.98% | ||
| ROIC | 9.19% |
ROA(3y)7.36%
ROA(5y)7.06%
ROE(3y)16.34%
ROE(5y)16.08%
ROIC(3y)9.59%
ROIC(5y)9.24%
1.3 Margins
Looking at the Profit Margin, with a value of 3.54%, CASY belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
CASY's Profit Margin has improved in the last couple of years.
CASY has a Operating Margin of 5.29%. This is amongst the best in the industry. CASY outperforms 87.18% of its industry peers.
CASY's Operating Margin has improved in the last couple of years.
CASY has a Gross Margin (23.82%) which is in line with its industry peers.
In the last couple of years the Gross Margin of CASY has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.29% | ||
| PM (TTM) | 3.54% | ||
| GM | 23.82% |
OM growth 3Y10.42%
OM growth 5Y3.74%
PM growth 3Y9.31%
PM growth 5Y3.57%
GM growth 3Y3.34%
GM growth 5Y0.14%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CASY is creating some value.
CASY has more shares outstanding than it did 1 year ago.
CASY has more shares outstanding than it did 5 years ago.
CASY has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.59 indicates that CASY is not in any danger for bankruptcy at the moment.
The Altman-Z score of CASY (5.59) is better than 76.92% of its industry peers.
The Debt to FCF ratio of CASY is 3.71, which is a good value as it means it would take CASY, 3.71 years of fcf income to pay off all of its debts.
CASY's Debt to FCF ratio of 3.71 is fine compared to the rest of the industry. CASY outperforms 64.10% of its industry peers.
CASY has a Debt/Equity ratio of 0.65. This is a neutral value indicating CASY is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.65, CASY perfoms like the industry average, outperforming 48.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 3.71 | ||
| Altman-Z | 5.59 |
ROIC/WACC1.12
WACC8.17%
2.3 Liquidity
CASY has a Current Ratio of 1.03. This is a normal value and indicates that CASY is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.03, CASY is not doing good in the industry: 64.10% of the companies in the same industry are doing better.
A Quick Ratio of 0.61 indicates that CASY may have some problems paying its short term obligations.
CASY has a Quick ratio (0.61) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.39% over the past year.
Measured over the past years, CASY shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.57% on average per year.
Looking at the last year, CASY shows a quite strong growth in Revenue. The Revenue has grown by 8.74% in the last year.
CASY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.68% yearly.
EPS 1Y (TTM)13.39%
EPS 3Y17.22%
EPS 5Y15.57%
EPS Q2Q%19.46%
Revenue 1Y (TTM)8.74%
Revenue growth 3Y7.16%
Revenue growth 5Y11.68%
Sales Q2Q%11.45%
3.2 Future
The Earnings Per Share is expected to grow by 15.13% on average over the next years. This is quite good.
CASY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.72% yearly.
EPS Next Y14.26%
EPS Next 2Y12.59%
EPS Next 3Y13.42%
EPS Next 5Y15.13%
Revenue Next Year9.34%
Revenue Next 2Y7.66%
Revenue Next 3Y6.63%
Revenue Next 5Y4.72%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 36.40 indicates a quite expensive valuation of CASY.
61.54% of the companies in the same industry are cheaper than CASY, based on the Price/Earnings ratio.
CASY's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.42.
With a Price/Forward Earnings ratio of 30.55, CASY can be considered very expensive at the moment.
CASY's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.94. CASY is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.4 | ||
| Fwd PE | 30.55 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CASY is valued a bit more expensive than the industry average as 64.10% of the companies are valued more cheaply.
The rest of the industry has a similar Price/Free Cash Flow ratio as CASY.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.65 | ||
| EV/EBITDA | 17.96 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CASY has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CASY's earnings are expected to grow with 13.42% in the coming years.
PEG (NY)2.55
PEG (5Y)2.34
EPS Next 2Y12.59%
EPS Next 3Y13.42%
5. Dividend
5.1 Amount
With a yearly dividend of 0.41%, CASY is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.94, CASY pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, CASY's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.41% |
5.2 History
On average, the dividend of CASY grows each year by 9.28%, which is quite nice.
CASY has paid a dividend for at least 10 years, which is a reliable track record.
CASY has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)9.28%
Div Incr Years25
Div Non Decr Years34
5.3 Sustainability
CASY pays out 12.95% of its income as dividend. This is a sustainable payout ratio.
CASY's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP12.95%
EPS Next 2Y12.59%
EPS Next 3Y13.42%
567.05
+5.72 (+1.02%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners91.06%
Inst Owner Change0.96%
Ins Owners0.53%
Ins Owner Change3.87%
Market Cap21.08B
Analysts82.86
Price Target572.24 (0.92%)
Short Float %2.36%
Short Ratio2.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.41% |
Yearly Dividend1.95
Dividend Growth(5Y)9.28%
DP12.95%
Div Incr Years25
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.49%
Min EPS beat(2)12.74%
Max EPS beat(2)32.23%
EPS beat(4)4
Avg EPS beat(4)17.39%
Min EPS beat(4)10.74%
Max EPS beat(4)32.23%
EPS beat(8)8
Avg EPS beat(8)15.46%
EPS beat(12)11
Avg EPS beat(12)14.53%
EPS beat(16)13
Avg EPS beat(16)11.55%
Revenue beat(2)1
Avg Revenue beat(2)0.01%
Min Revenue beat(2)-0.36%
Max Revenue beat(2)0.38%
Revenue beat(4)2
Avg Revenue beat(4)-0.22%
Min Revenue beat(4)-3.71%
Max Revenue beat(4)2.81%
Revenue beat(8)3
Avg Revenue beat(8)-1.52%
Revenue beat(12)3
Avg Revenue beat(12)-1.89%
Revenue beat(16)4
Avg Revenue beat(16)-1.66%
PT rev (1m)-0.3%
PT rev (3m)5.17%
EPS NQ rev (1m)0.85%
EPS NQ rev (3m)2.46%
EPS NY rev (1m)2.88%
EPS NY rev (3m)2.9%
Revenue NQ rev (1m)-0.13%
Revenue NQ rev (3m)0.13%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.4 | ||
| Fwd PE | 30.55 | ||
| P/S | 1.28 | ||
| P/FCF | 31.65 | ||
| P/OCF | 17.84 | ||
| P/B | 5.79 | ||
| P/tB | 8.8 | ||
| EV/EBITDA | 17.96 |
EPS(TTM)15.58
EY2.75%
EPS(NY)18.56
Fwd EY3.27%
FCF(TTM)17.92
FCFY3.16%
OCF(TTM)31.79
OCFY5.61%
SpS441.37
BVpS97.92
TBVpS64.41
PEG (NY)2.55
PEG (5Y)2.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.95% | ||
| ROE | 15.98% | ||
| ROCE | 12% | ||
| ROIC | 9.19% | ||
| ROICexc | 9.81% | ||
| ROICexgc | 12.02% | ||
| OM | 5.29% | ||
| PM (TTM) | 3.54% | ||
| GM | 23.82% | ||
| FCFM | 4.06% |
ROA(3y)7.36%
ROA(5y)7.06%
ROE(3y)16.34%
ROE(5y)16.08%
ROIC(3y)9.59%
ROIC(5y)9.24%
ROICexc(3y)10.13%
ROICexc(5y)9.8%
ROICexgc(3y)12.06%
ROICexgc(5y)11.37%
ROCE(3y)12.52%
ROCE(5y)12.06%
ROICexcg growth 3Y4.56%
ROICexcg growth 5Y1.14%
ROICexc growth 3Y2.77%
ROICexc growth 5Y-2.09%
OM growth 3Y10.42%
OM growth 5Y3.74%
PM growth 3Y9.31%
PM growth 5Y3.57%
GM growth 3Y3.34%
GM growth 5Y0.14%
F-Score6
Asset Turnover1.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 3.71 | ||
| Debt/EBITDA | 1.85 | ||
| Cap/Depr | 123.32% | ||
| Cap/Sales | 3.14% | ||
| Interest Coverage | 8.54 | ||
| Cash Conversion | 91.91% | ||
| Profit Quality | 114.53% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 5.59 |
F-Score6
WACC8.17%
ROIC/WACC1.12
Cap/Depr(3y)142.29%
Cap/Depr(5y)140.17%
Cap/Sales(3y)3.28%
Cap/Sales(5y)3.49%
Profit Quality(3y)90.52%
Profit Quality(5y)104.68%
High Growth Momentum
Growth
EPS 1Y (TTM)13.39%
EPS 3Y17.22%
EPS 5Y15.57%
EPS Q2Q%19.46%
EPS Next Y14.26%
EPS Next 2Y12.59%
EPS Next 3Y13.42%
EPS Next 5Y15.13%
Revenue 1Y (TTM)8.74%
Revenue growth 3Y7.16%
Revenue growth 5Y11.68%
Sales Q2Q%11.45%
Revenue Next Year9.34%
Revenue Next 2Y7.66%
Revenue Next 3Y6.63%
Revenue Next 5Y4.72%
EBIT growth 1Y17.92%
EBIT growth 3Y18.33%
EBIT growth 5Y15.86%
EBIT Next Year77.72%
EBIT Next 3Y28.73%
EBIT Next 5Y19.13%
FCF growth 1Y79.33%
FCF growth 3Y8.15%
FCF growth 5Y55.02%
OCF growth 1Y41.56%
OCF growth 3Y11.42%
OCF growth 5Y16.69%